Volo(@volo_sui):✅Recovery Update #5 - Volo Vaults Good news, more funds have been recovered. We have successfully recovered the remaining ~64.9 ETH the attacker acquired. With this recovery, our total net loss is now down to ~$60K, which Volo will cover out of pocket to make all affected users whole. All stolen vaults, except XAUm, are ready to be replenished and will be brought back online as soon as possible. For the XAUm vault: we are coordinating directly with @MatrixDock to acquire the ~115 XAUm the attacker swapped on Sui. Due to the thin on-chain liquidity, a DEX swap of this size isn’t viable, so the XAUm vault restart may take a bit longer. We’ll keep you updated. Users will be made whole. No exceptions.

2026.04.28 07:19

✅Recovery Update #5# - Volo Vaults Good news, more funds have been recovered. We have successfully recovered the remaining ~64.9 ETH the attacker acquired. With this recovery, our total net loss is now down to ~$60K, which Volo will cover out of pocket to make all affected users whole. All stolen vaults, except XAUm, are ready to be replenished and will be brought back online as soon as possible. For the XAUm vault: we are coordinating directly with @MatrixDock to acquire the ~115 XAUm the attacker swapped on Sui. Due to the thin on-chain liquidity, a DEX swap of this size isn’t viable, so the XAUm vault restart may take a bit longer. We’ll keep you updated. Users will be made whole. No exceptions.

Volo@volo_sui

2026.04.25 18:40

✅ Recovery Update #4# - Volo Vaults We have good news, recovery is well underway. Through swift coordinated efforts across our team and ecosystem partners, we have successfully identified the perpetrator of the attack and contained its impact. The total net loss from this incident amounts to approximately $200K, which Volo will compensate in full from our existing Treasury balance. Users will not bear any loss. A full back-to-business plan is coming shortly. Thank you for your continued patience, trust, and support. Here is a full breakdown of what happened and where things stand: ▸ The exploiter stole USDC, XAUm, and WBTC. Approximately 50% of the XAUm and WBTC holdings were sold into USDC. That amount, together with the directly stolen USDC, was bridged to Ethereum and converted to ETH. ▸ The remaining WBTC was intercepted and locked before it could be sold, and approximately half of the XAUm was frozen in place. Here is the status of each recovery: ▸ 90% of stolen funds recovered in ETH: We have successfully recovered 90% of the stolen funds, which have since been converted back to stablecoins and bridged back to Sui. These funds are now safe with Volo. Addresses controlled by Volo: ETH address: 0x010788D605db74B22974cF4eCdE67Cb325067461 Sui receiving address: 0xbfcd10fc8664d6d1f93c888f3a1c15111af819fecc56e6a5f2734b21119fa175 ▸ 19.6 WBTC fully reappropriated: The WBTC intercepted on the LayerZero bridge has been successfully reappropriated in full on Ethereum and will be bridged back to Sui in Volo's control. ▸ 100.6 XAUm unlocked on Sui: Working with our partners at Sui Foundation, these funds have been returned to Volo’s custody. ▸ Remaining 115 XAUm: The XAUm disposed of by the exploiter will be reminted in full through MatrixDock's minting mechanisms and brought back into Volo. This has been an extraordinary test of our team's resilience and the strength of our ecosystem partnerships. We are proud of how quickly and decisively we acted, and deeply grateful to the Sui Foundation and every partner who stood with us through this. Most importantly, thank you, our community, for your patience and trust during a difficult moment. We will not take that lightly. Volo comes out of this stronger, more battle-tested, and more committed than ever to the safety and integrity of your assets. We're back, and we're moving forward together.

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